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2 bedroom apartment for sale

Available

Anchor Street, Southwark, SE16 3LT

£341,250 · Shared Ownership Resale

Share percentage 75%, full price £455,000, £17,063 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£341,250 Shared Ownership Resale

Share percentage 75%, full price £455,000, £17,063 Min Deposit

Monthly Cost: £2,373
Rent £307, Service charge £165, Mortgage £1,901*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

£
Summary

A 2 bed shared ownership property available in Southwark, London

Description

This bright and modern two-bedroom apartment is now available in Bermondsey through Shared Ownership.

The first-floor property comprises an entrance hall, a spacious living room with an open-plan kitchen, two bedrooms and a bathroom. Outside there is a private balcony, perfect for couples and small families.

Available for £341,250 for 75% share based on the marketing figure of £455,000.

Monthly rent - £307.13
Monthly Service Charge - £164.52
Total Monthly Charge - £471.65 plus mortgage required for 75% share.

An annual rent increase takes place every April

Location

Living in Bermondsey is an enjoyable experience. This area is quiet but close to many exciting places. Nearby, you can find parks where families play and friends gather.

There are shops and grocery stores within walking distance, making it easy to buy what you need. Public transport is also convenient, with buses and trains that can take you to central London in no time. The community here is friendly, and it feels safe to walk around, even at night. Many cafes and restaurants offer tasty food and drinks, perfect for a fun outing. The riverside is lovely, where you can take relaxing walks and enjoy the views.

Overall, living in Bermondsey means you can enjoy both the calm of a neighbourhood and the hustle and bustle of city life, making it a great place to call home.

EPC rating

Energy Rating Band - B
Environmental Impact Band - B

Lease information

Years remaining on lease: 114

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.

Key Features
  • Two bed apartment
  • Moderm kitchen
  • Private balcony
  • Good travel links
  • Available for 75% share
  • 5% minimum deposit only
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan
Map
South Bermondsey (0.35 miles) Bermondsey (0.51 miles) Surrey Quays (0.61 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
  • Service Charge: Covers maintenance and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.

£341,250
Shared Ownership Resale
Estimated Monthly Cost:£2,373
Rent £307
Service Charge £165
Mortgage £1,901

Share percentage 75%, full price £455,000, £17,063 Min Deposit. Calculated using a representative rate of 5.03%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.